The Resource Hollowed out : why the economy doesn't work without a strong middle class, David Madland
Hollowed out : why the economy doesn't work without a strong middle class, David Madland
Resource Information
The item Hollowed out : why the economy doesn't work without a strong middle class, David Madland represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in European University Institute.This item is available to borrow from 1 library branch.
Resource Information
The item Hollowed out : why the economy doesn't work without a strong middle class, David Madland represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in European University Institute.
This item is available to borrow from 1 library branch.
- Summary
- For the past several decades, politicians and economists have thought that high levels of inequality were good for the economy. But an economy that works only for the rich simply doesn't work. Because the middle class is so weak, America's economy now suffers from the kinds of problems that plague less-developed countries. Privileged elites more frequently secure special treatment from a government that wastes money and stifles competition. Children's opportunities are excessively determined by the wealth of their parents. Societal distrust has increased, making business transactions needlessly difficult. Consumer demand has weakened and become unstable, which has helped fuel the Great Recession and has made the recovery painfully slow. As Hollowed Out explains, to have strong and sustainable growth, the economy needs to work for everyone and grow from the middle out. This new middle-out theory aims to supplant trickle-down economics--the theory that was so wrong about inequality and our economy and did so much damage to our nation. This new thinking has the potential to shape economic policymaking for generations.--Provided by publisher
- Language
- eng
- Extent
- ix, 257 pages
- Contents
-
- Middle out vs. trickle down
- Trust
- Good governance
- Stable consumer demand
- Human capital
- Creating a middle-class society
- Isbn
- 9780520286528
- Label
- Hollowed out : why the economy doesn't work without a strong middle class
- Title
- Hollowed out
- Title remainder
- why the economy doesn't work without a strong middle class
- Statement of responsibility
- David Madland
- Title variation
- Why the economy doesn't work without a strong middle class
- Language
- eng
- Summary
- For the past several decades, politicians and economists have thought that high levels of inequality were good for the economy. But an economy that works only for the rich simply doesn't work. Because the middle class is so weak, America's economy now suffers from the kinds of problems that plague less-developed countries. Privileged elites more frequently secure special treatment from a government that wastes money and stifles competition. Children's opportunities are excessively determined by the wealth of their parents. Societal distrust has increased, making business transactions needlessly difficult. Consumer demand has weakened and become unstable, which has helped fuel the Great Recession and has made the recovery painfully slow. As Hollowed Out explains, to have strong and sustainable growth, the economy needs to work for everyone and grow from the middle out. This new middle-out theory aims to supplant trickle-down economics--the theory that was so wrong about inequality and our economy and did so much damage to our nation. This new thinking has the potential to shape economic policymaking for generations.--Provided by publisher
- Cataloging source
- CU-S/DLC
- http://library.link/vocab/creatorName
- Madland, David
- Illustrations
- illustrations
- Index
- index present
- Literary form
- non fiction
- Nature of contents
- bibliography
- http://library.link/vocab/subjectName
-
- Middle class
- Middle class
- Consumption (Economics)
- United States
- United States
- Label
- Hollowed out : why the economy doesn't work without a strong middle class, David Madland
- Bibliography note
- Includes bibliographical references and index
- Carrier category
- volume
- Carrier category code
-
- nc
- Carrier MARC source
- rdacarrier.
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent.
- Contents
- Middle out vs. trickle down -- Trust -- Good governance -- Stable consumer demand -- Human capital -- Creating a middle-class society
- Control code
- FIEb17716044
- Dimensions
- 21 cm.
- Extent
- ix, 257 pages
- Isbn
- 9780520286528
- Media category
- unmediated
- Media MARC source
- rdamedia.
- Media type code
-
- n
- Other physical details
- illustrations
- System control number
- (OCoLC)894745464
- Label
- Hollowed out : why the economy doesn't work without a strong middle class, David Madland
- Bibliography note
- Includes bibliographical references and index
- Carrier category
- volume
- Carrier category code
-
- nc
- Carrier MARC source
- rdacarrier.
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent.
- Contents
- Middle out vs. trickle down -- Trust -- Good governance -- Stable consumer demand -- Human capital -- Creating a middle-class society
- Control code
- FIEb17716044
- Dimensions
- 21 cm.
- Extent
- ix, 257 pages
- Isbn
- 9780520286528
- Media category
- unmediated
- Media MARC source
- rdamedia.
- Media type code
-
- n
- Other physical details
- illustrations
- System control number
- (OCoLC)894745464
Subject
- Consumption (Economics) -- United States -- 21st century
- Middle class -- United States -- Economic conditions -- 21st century
- Middle class -- United States -- Economic policy -- 21st century
- United States -- Economic conditions -- 21st century
- United States -- Economic policy -- 21st century
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.library.eui.eu/portal/Hollowed-out--why-the-economy-doesnt-work/oq__kNNlM-M/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.library.eui.eu/portal/Hollowed-out--why-the-economy-doesnt-work/oq__kNNlM-M/">Hollowed out : why the economy doesn't work without a strong middle class, David Madland</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.library.eui.eu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.library.eui.eu/">European University Institute</a></span></span></span></span></div>
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.library.eui.eu/portal/Hollowed-out--why-the-economy-doesnt-work/oq__kNNlM-M/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.library.eui.eu/portal/Hollowed-out--why-the-economy-doesnt-work/oq__kNNlM-M/">Hollowed out : why the economy doesn't work without a strong middle class, David Madland</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.library.eui.eu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.library.eui.eu/">European University Institute</a></span></span></span></span></div>
